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HISTORICAL LOSS AND LAE DEVELOPMENT (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Apr. 28, 2011
Unpaid losses and LAE at beginning of year:        
Gross $ 1,173,943 $ 1,146,460 $ 1,159,311 $ 72,387
Ceded (354,163) (336,392) (350,284) (18,881)
Net 819,780 810,068 809,027 53,506
Increase (decrease) in incurred losses and LAE:        
Current accident year 310,145 284,575 269,965  
Prior accident years (110,061) (83,243) (66,577)  
Total incurred 200,084 201,332 203,388  
Loss and LAE payments for claims incurred:        
Current accident year (89,924) (43,945) (41,890)  
Prior accident year (186,537) (147,675) (160,457)  
Total paid (276,461) (191,620) (202,347)  
Net unpaid losses and LAE at end of year 796,909 819,780 810,068 53,506
Unpaid losses and LAE at end of year:        
Gross 1,150,714 1,173,943 1,146,460 72,387
Ceded (353,805) (354,163) (336,392) (18,881)
Net $ 796,909 $ 819,780 $ 810,068 $ 53,506